# Banrep to Buy USD 2,000 Million From the Government

> The Banco de la República board authorised the direct purchase of USD 2 billion from the national government. The purchases will run through the rest of 2026 at the daily TRM. The move adds to the central bank's reserve-accumulation programme that began in August.

- Date: 2026-11-02 · published 2026-11-02T21:13:22.773Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/75960-banrep-to-buy-usd-2-000-million-from-the-government
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

Central bank dollar buying supports Colombian reserves and can firm the peso, which lowers local import costs. The effect on global feed commodity prices is minimal.

## Sources

- pymenoticias.com: https://www.pymenoticias.com/post/banrep-compra-dolares-gobierno-reservas-internacionales

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.